Name: Charles L. Evans
Summary: Connecting the Dots on Monetary Policy: "Overall, I think appropriate policy is consistent with some of the most accommodative dots on the chart. One reason I arrive at this conclusion is because I am less optimistic about the inflation outlook than most of my colleagues. Given the persistently-low- inflation record of the past six years and given how slowly inflation evolves when it is at such low levels, it may be difficult to return inflation to target over the next two or three years. So I’m in favor of very gradual policy normalization to help ensure that we meet our inflation goal within a reasonable amount of time."
Substantially Similar to Prior Statements: No
Statement Date: January 7, 2016
Publication Date: January 7, 2016All Members All Statements